Citron Capital, the new hedge fund led by famed short-seller Andrew Left, gained 43% net of fees in 2019, Reuters reported Monday, citing a letter to investors. The fund includes both long and short positions. In 2019, the average exposure was 75.8% long and 80.3% short, Reuters reported, citing Left's letter to investors. Left also told investors that he's sticking to his bet against Peloton. In December, he gave the company a $5 price target, betting it will fall as much as 83% in a year. Read more on Business Insider.